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Lines of Business

12 Months Ended

Sep. 29, 2012

Lines of Business [Abstract]

Lines of Business

11. Lines of Business

The Company operates three lines of business: retail grocery sales (representing the aggregation of individual retail stores), shopping center rentals and a fluid dairy processing plant. All of the Company’s operations are domestic. Information about the Company’s operations by lines of business (amounts in thousands) is as follows:


		2012				2011				2010
Revenues from unaffiliated customers:
Grocery sales		$	3,577,510			$	3,428,730			$	3,274,015
Shopping center rentals			8,881				9,102				9,179
Fluid dairy			131,924				131,191				116,037

Total revenues from unaffiliated customers		$	3,718,315			$	3,569,023			$	3,399,231

Income before income taxes:
Grocery sales		$	111,540			$	105,648			$	96,256
Shopping center rentals			1,444				1,854				1,767
Fluid dairy			10,863				11,015				11,423

Total income from operations			123,847				118,517				109,446
Other income, net			3,527				4,159				4,224
Interest expense			60,027				61,966				64,854

Income before income taxes		$	67,347			$	60,711			$	48,817

Assets:
Grocery sales		$	1,486,109			$	1,471,086			$	1,384,496
Shopping center rentals			119,393				113,454				119,097
Fluid dairy			38,874				36,244				30,857
Elimination of intercompany receivable			(2,267	)			(2,434	)			(2,092	)

Total assets		$	1,642,109			$	1,618,350			$	1,532,358

Capital expenditures:
Grocery sales		$	175,835			$	83,169			$	84,559
Shopping center rentals			950				259				3,903
Fluid dairy			3,844				14,078				3,563

Total capital expenditures		$	180,629			$	97,506			$	92,025

Depreciation and amortization:
Grocery sales		$	82,584			$	78,236			$	77,507
Shopping center rentals			5,478				5,367				5,394
Fluid dairy			2,469				1,805				2,030

Total depreciation and amortization		$	90,531			$	85,408			$	84,931

Sales by product category for fiscal years 2012, 2011 and 2010, respectively, are as follows:


		Fiscal Year Ended September (dollars in thousands)
		2012				2011				2010
Grocery		$	1,447,520			$	1,397,944			$	1,366,595
Non-foods			709,959				690,199				684,508
Perishables			866,252				825,068				787,051
Gasoline			553,779				515,519				435,861

Total grocery segment		$	3,577,510			$	3,428,730			$	3,274,015

The grocery category includes grocery, dairy, and frozen foods.

The non-foods category includes alcoholic beverages, tobacco, pharmacy, health and video.

The perishable category includes meat, produce, deli and bakery.

Revenue from shopping center rentals, net of shopping center expense of $6.9 million, $7.2 million and $7.4 million for the fiscal years ended 2012, 2011 and 2010, respectively, is included in the caption “Rental income, net” in the Consolidated Statements of Income. Grocery and fluid dairy revenues comprise the net sales reported in the Consolidated Statements of Income.

The fluid dairy segment had $58.5 million, $59.6 million and $55.7 million in sales to the grocery sales segment in fiscal 2012, 2011 and 2010, respectively. These sales were eliminated in consolidation.